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commitment of the germans the french the italians and the spaniards the core nations to keeping the euro together and the central bankers said you know the germans do not like paying for quite a bit of the greek and pop probably the spanish that they will do it they have committed to it and the european nations have even though they have been protest anger they have committed to staying within the european construction because they don't see how europe can go back to being a series of atomized nations so it's really a question of an economic decision that also is a political decision i think there will be it will be difficult to get european nations to move towards fiscal unity it makes sense because if you can play the budget or when country against another you will have speculation different landing rates everywhere but i think the reason why you haven't heard about the euro zone conflict these past weeks is that it is actually doing better and if you look at the stock exchanges in the various european countries euro zone countries you can see that they're shooting right up there's als
commitment of the germans the french the italians and the spaniards the core nations to keeping the euro together and the central bankers said you know the germans do not like paying for quite a bit of the greek and pop probably the spanish that they will do it they have committed to it and the european nations have even though they have been protest anger they have committed to staying within the european construction because they don't see how europe can go back to being a series of atomized...
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economies they're not half as bad as you think in the eurozone especially and so i would bet on the euro ok the americans will keep printing money i have no doubt about that john where you think the arab spring is going to go there's any doubt about it i. don't really think the arab spring is going to happen do it this year. you know it's tough to say there are still a lot of things happening you know some people think there was a low after egypt and tunisia. but there are still a lot of things happening i mean jordan right now is facing a lot of domestic. people are very upset with the government they are vying for some sort of constitutional monarchy that is more. that addresses more of their social concerns and doesn't for example torture people and and have a police state which is what they essentially have crane is still you know people are still fighting for freedom they're they're they're still out in the streets despite the ban on all demonstrations and protests. which the bahraini government has imposed with american support. but you know we'll have to see i think yemen will con
economies they're not half as bad as you think in the eurozone especially and so i would bet on the euro ok the americans will keep printing money i have no doubt about that john where you think the arab spring is going to go there's any doubt about it i. don't really think the arab spring is going to happen do it this year. you know it's tough to say there are still a lot of things happening you know some people think there was a low after egypt and tunisia. but there are still a lot of things...
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Jan 7, 2013
01/13
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over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on that will be continued as before, but further steps need to be taken before a new deadline can be given. >> the board has reportedly known about the delay for weeks. wowereit's opponents are not happy about that. some say it is time for him to go. >> at this point, it must be said that klaus wowereit is no longer fit for the job, especially if it is true that he left the public in the dark for weeks, leading as a -- leaving us a disaster that will cost hundreds of billions of euros or more. >> beyond 2014, there is little indication when the new hub might open it
over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on...
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Jan 7, 2013
01/13
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over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on that will be continued as before, but further steps need to be taken before a new deadline can be given. >> the board has reportedly known about the delay for weeks. wowereit's opponents are not happy about that. some say it is time for him to go. >> at this point, it must be said that klaus wowereit is no longer fit for the job, especially if it is true that he left the public in the dark for weeks, leading as a -- leaving us a disaster that will cost hundreds of billions of euros or more. >> beyond 2014, there is little indication when the new hub might open it
over one billion euros more could be needed for the project. it was one disaster to many for klaus wowereit. after a crisis meeting, the mayor of berlin resigned from his post. he has come to represent the continued failure of a project which has been delayed yet again. wowereit not give any information about when the airport will finally be open for business. >> a new deadline cannot be given at the moment, as we have made clear. it will be considered by the supervisory board. work on...
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Jan 3, 2013
01/13
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inevitably, they'll have to buy some euros. but the down side of the euro is that it's a really mediocre economy. and it's hard to get excited about eurozone investments except in terms of convergence playes and so on. so i think the euro is going to have a hard time raking 1.35 and probably won't go below 1.25 over the next year. there are much more interesting currency toes trade. >> we'll get on to that. but the economy and asset markets, clearly the impact on german equities, up 29% last year. also, in europe, you've got yield plays, right? if you're buying italian debt, you're getting a really good yield play. is it such a disconnect between the fundamentals and sentiment and asset prices? >> well, except asset prices were largely driven last year by the fears that the eurozone was going to fall apart. now that, you know, some of those fears have been put to rest, at least in the short-term, investors are kind of buying back a bit of what they sold. so it doesn't mean that things are good. it just means that they're not as
inevitably, they'll have to buy some euros. but the down side of the euro is that it's a really mediocre economy. and it's hard to get excited about eurozone investments except in terms of convergence playes and so on. so i think the euro is going to have a hard time raking 1.35 and probably won't go below 1.25 over the next year. there are much more interesting currency toes trade. >> we'll get on to that. but the economy and asset markets, clearly the impact on german equities, up 29%...
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Jan 31, 2013
01/13
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. > what is behind the move in the euro? > > we are seeing a weak dollar, but also we are seeing some strength in the european markets. again, there was some news about spain, some concern about their gdp; but for the most part, i think that the overall consensus right now is just that things are looking up a little bit across the board for the most part. so, i think that optimism is spreading a little bit. we haven't really seen the dollar come off yet, but i want to point out while the euro is inching its way up to that $1.36 level, this is really just a test of upper levels that we saw last year. we need to see some follow- through, some conviction, before i am really buying into it. again, i think right now it is just a test of the upper extreme. > it's good to have your thoughts ben. thank you. > > thank you. the maker of the blackberry, the smartphone that once dominated the market but has since been replaced, has hopes for a comeback with the launch of a new line of phones. our cover story takes a look at immediate re
. > what is behind the move in the euro? > > we are seeing a weak dollar, but also we are seeing some strength in the european markets. again, there was some news about spain, some concern about their gdp; but for the most part, i think that the overall consensus right now is just that things are looking up a little bit across the board for the most part. so, i think that optimism is spreading a little bit. we haven't really seen the dollar come off yet, but i want to point out while...
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zone as long as it has this is this was this an in favor of the euro of the euro zone at all costs that is where european powers especially germany can put pressure on the ship some greeks it using pretty extreme ways of showing they're fed up with the government and then opens the headquarters of the greek wedding party with an a k forty seven no group has claimed responsibility but the shooting comes off the back of a wave of similar attacks by anarchists but it altie dot com for you. also a lot of the moment a virus invades new york the state government has declared a health emergency over the spread of flu this is epidemic is already five times the size of last year's. it's. israel is facing international criticism after its paramilitary forces shut down a palestinian protest camp in the west bank despite the country's supreme court for bringing women netanyahu also promised to build even more settlements in the area one of the protesters told us the prime minister is just scoring points ahead of the election when you have five hundred more than five hundred fully armed israeli sold
zone as long as it has this is this was this an in favor of the euro of the euro zone at all costs that is where european powers especially germany can put pressure on the ship some greeks it using pretty extreme ways of showing they're fed up with the government and then opens the headquarters of the greek wedding party with an a k forty seven no group has claimed responsibility but the shooting comes off the back of a wave of similar attacks by anarchists but it altie dot com for you. also a...
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this time isn't actually hurting it is actually hurting it can't actually work whilst you're in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone vising quite alarming leigh so he's very happy that arlen is getting on with the policy of austerity but actually it's actually the wrong policy at this time ok so on their island is it going to change. well ireland will not will not change the drive cost over tea in the european union really what's needed is that countries need to recognize that the austerity they are being forced to undertake by the european central bank community and you as well as the i.m.f. in spain and in greece and other nations is actually causing more economic harm because the irish government is so wedded to the austerity drive just as the german government is it seems there won't be a change in european union policy but there needs to be this change because we can see the unemployment rising across the eurozone countries are suffering a great deal of economic harm and the far this has this pre
this time isn't actually hurting it is actually hurting it can't actually work whilst you're in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone vising quite alarming leigh so he's very happy that arlen is getting on with the policy of austerity but actually it's actually the wrong policy at this time ok so on their island is it going to change. well ireland will not will not change the drive cost over tea in the...
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the euro probably had some. what it did with the creation of the year when the countries came in when it really came in they had before the euro. industry to run twelve percent fourteen percent that had a devaluation premium in and when they joined the or suddenly they were all the. you know four percent four percent or below and this encouraged countries now with no dead it can add more to. give the wrong message because what they should have realized is that this these debts now are so euro debt no longer drachmas are clear that it can't devalued them away you're stuck with this and maybe in retrospect it might have been wise for countries of the high debt not to lock themselves into that fixed at her to have a devaluation in inflation before but nobody wanted to do that and if they. murdered risk not being able to make that deadline of nine hundred ninety nine of getting all those countries into the euro zone and and because. you know a moment the political moment may have been missed and may not have come up
the euro probably had some. what it did with the creation of the year when the countries came in when it really came in they had before the euro. industry to run twelve percent fourteen percent that had a devaluation premium in and when they joined the or suddenly they were all the. you know four percent four percent or below and this encouraged countries now with no dead it can add more to. give the wrong message because what they should have realized is that this these debts now are so euro...
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Jan 21, 2013
01/13
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euro stocks similar gain finished at 2726. the euro basically steady at 133.16 against the dollar. well, while equities across europe were heading north, it was completely different from business travelers and tourists. they were not going anywhere at all. heavy snow has affected flights in europe. >> that is where our coverage starts. >> passengers in frankfurt got drinking water and chocolate bars to help them through the long wait. a 500 arrivals and departures were cancelled. the airport remains in the grip of the snowy, icy weather and many might not get out for another day. >> we have been stuck here since yesterday afternoon. first two hours on the plane. then the flight was cancelled bausts bad weather. >> more than a thousand employees spent monday freeing up the four main runways. now that planes can move again it is a matter of clearing the backlog of stranded planes as fast as possible so that there is space for new arrivals to land. >> we are hoping for a let up in the snowfall as monday progresses so that we can better deal with the air traffic and normalize the situa
euro stocks similar gain finished at 2726. the euro basically steady at 133.16 against the dollar. well, while equities across europe were heading north, it was completely different from business travelers and tourists. they were not going anywhere at all. heavy snow has affected flights in europe. >> that is where our coverage starts. >> passengers in frankfurt got drinking water and chocolate bars to help them through the long wait. a 500 arrivals and departures were cancelled....
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it isn't the creation of the euro. cars the problem so much because before the euro came into being countries where they clearly had a hundred three percent. g.d.p. ratios and greece greece had two hundred ten percent belgium had. one time in one thousand nine hundred forty five percent so they let there's a lack of fiscal discipline all in a movement to the left in europe big spending and on. social projects that. couldn't keep going it's no longer now europe also has a static population in some cases to declining population and so you have more. people more pensions bills to pay and fewer people to work to pay them you know that it's a pretty big problem when the shot came but when you talk about dadt i mean there are i think two points to make because first of all has always been plagued with debt. reg its budget deficit in order to qualify so maybe it's not the death but what was it maybe that hero was too good on maybe you topping for europe then they probably had some. what it did with the creation of the year wh
it isn't the creation of the euro. cars the problem so much because before the euro came into being countries where they clearly had a hundred three percent. g.d.p. ratios and greece greece had two hundred ten percent belgium had. one time in one thousand nine hundred forty five percent so they let there's a lack of fiscal discipline all in a movement to the left in europe big spending and on. social projects that. couldn't keep going it's no longer now europe also has a static population in...
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Jan 21, 2013
01/13
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euro stocks similar gain finished at 2726. the euro basically steady at 133.16 against the dollar. well, while equities across europe were heading north, it was completely different from business travelers and tourists. they were not going anywhere at all. heavy snow has affected flights in europe. >> that is where our coverage starts. >> passengers in frankfurt got drinking water and chocolate bars to help them through the long wait. a 500 arrivals and departures were cancelled. the airport remains in the grip of the snowy, icy weather and many might not get out for another day. >> we have been stuck here since yesterday afternoon. first two hours on the plane. then the flight was cancelled bausts bad weather. >> more than a thousand employees spent monday freeing up the four main runways. now that planes can move again it is a matter of clearing the backlog of stranded planes as fast as possible so that there is space for new arrivals to land. >> we are hoping for a let up in the snowfall as monday progresses so that we can better deal with the air traffic and normalize the situa
euro stocks similar gain finished at 2726. the euro basically steady at 133.16 against the dollar. well, while equities across europe were heading north, it was completely different from business travelers and tourists. they were not going anywhere at all. heavy snow has affected flights in europe. >> that is where our coverage starts. >> passengers in frankfurt got drinking water and chocolate bars to help them through the long wait. a 500 arrivals and departures were cancelled....
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Jan 2, 2013
01/13
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>> i think euro/sterling's on a five-year trade lower. i think -- i think it does go lower this year. in the next two weeks, i think both euro and sterling do better against the dollar pretty much in tandem. >> yeah. there is this view that u.k.'s heading for its own downgrade. it's going to lose its aaa status. >> yeah. we have more of -- the u.s. is the world's number-one reserve currency, has natural forced buyers of its bonds. and you know poke its nose at the ratings agencies. i'm not sure the u.k. can to the same extent. >> if you're saying there's a yield story there and you want a relative safe haven, then guilds are 1.9%, better than, you know, other things yielding less. >> yes. >> if you want that relative security. >> and we have relatively higher rates. we will continue to have some. when i go to investors about sterling in london, i can talk to private banks all over the west end who have wealthy individuals looking to "fast money" into the pound. and shows who want to go to the pound because i think the credit rating's out
>> i think euro/sterling's on a five-year trade lower. i think -- i think it does go lower this year. in the next two weeks, i think both euro and sterling do better against the dollar pretty much in tandem. >> yeah. there is this view that u.k.'s heading for its own downgrade. it's going to lose its aaa status. >> yeah. we have more of -- the u.s. is the world's number-one reserve currency, has natural forced buyers of its bonds. and you know poke its nose at the ratings...
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sliding down a slippery slope into the economic abyss the euro zone hits a new unemployment high with spain as again the worst affected small that later in the program. plus other syrian crisis feeds that could have aspirations for statehood with turkey paralyzed by fear as insurgents as step up their game on home territory. belfast has seen a first straight night of violence as police wide plastic bullets and water cannons at hundreds of loyalists protesters the angry mobs rolled firebombs breaks up the authorities and three sixty officers have been wanted in battle writings over the last weeks and city halls decision to only fly the union flag on special days analysed and political blogger midfield tea things it shows that lawyers don't have enough representation in local politics. what we're seeing here is in northern ireland as a result of the peace process we have a government in which everyone who is elected to the parliament is part of the government not leaves no space for parliamentary opposition and so when something like this happens that is seen by certain mostly working c
sliding down a slippery slope into the economic abyss the euro zone hits a new unemployment high with spain as again the worst affected small that later in the program. plus other syrian crisis feeds that could have aspirations for statehood with turkey paralyzed by fear as insurgents as step up their game on home territory. belfast has seen a first straight night of violence as police wide plastic bullets and water cannons at hundreds of loyalists protesters the angry mobs rolled firebombs...
WHUT (Howard University Television)
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Jan 28, 2013
01/13
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WHUT
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we need firm rules for who can be in the euro and who can be out of the euro and what conditions they have to meet to make those transitions. and we need some sort of fiscal architecture to protect the euro against these enormous issuances of unsustainable debt. >> unfortunately, since that feels quite far away from where we're standing right now, we must contemplate the worst case scenario, which would be one country leaving the euro followed by several others. a complete collapse of confidence in the european project and the eurozone project, losing several banks, people on the streets, riots. (singing) (instrumental music) >> the u.s. treasury secretary tim geithner, concerned about the eurozone crisis, sought a meeting with the german finance minister wolfgang schauble on his holiday. in a statement, they said there was a need for global cooperation to resolve debt problems. >> as the european union's greatest ally and trading partner, what can the u.s. do to prevent a break up? >> well the eurozone is of course america's leading trade partner. and as a consequence, if the eurozon
we need firm rules for who can be in the euro and who can be out of the euro and what conditions they have to meet to make those transitions. and we need some sort of fiscal architecture to protect the euro against these enormous issuances of unsustainable debt. >> unfortunately, since that feels quite far away from where we're standing right now, we must contemplate the worst case scenario, which would be one country leaving the euro followed by several others. a complete collapse of...
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this is off the welcome bok the standards of living across the euro zone continue to fall a number of age old problems are on the rise and fall as the faltering economy has led to a startling such an armed robbery with golden high value jury the main target. until a month ago this was one of my jury shops on a quiet street in central paris office a gruesome attack by. never reopened for business having kids. a fifty two year old metal worker tried to chase them down into the street into the parking lot where their motorbike stood the criminals turned around and fired a shot at him he died right in the middle of the street in broad daylight. the murder shocked france with the country's interior ministry fearing it would not be the last incident of its kind. we must not regard these attacks as well these individuals are well trained and they can and will use force and weapons against the employees of jewelry stores. since france plunged into financial crisis armed robberies have become ever more frequent criminals not only attack stores but they also strip people of their jewelry in the
this is off the welcome bok the standards of living across the euro zone continue to fall a number of age old problems are on the rise and fall as the faltering economy has led to a startling such an armed robbery with golden high value jury the main target. until a month ago this was one of my jury shops on a quiet street in central paris office a gruesome attack by. never reopened for business having kids. a fifty two year old metal worker tried to chase them down into the street into the...
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Jan 18, 2013
01/13
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the euro quoted at 120.4 to 1. the euro has gained ground against the yen and the dollar. analysts say that's due to worries over with the euro zone. let's see how this is affecting tokyo stocks. share prices surging across the board. nikkei at 10,828. a gain of over 2% from thursday's close. buying was prompted by more optimistic views about the u.s. economic recovery following strong housing data. let's look at other markets open in the asia pacific. over in australia the benchmark index is trading hie ining high. positive moves so far. tokyo is leading >> on japan clearly that sort of recently announced fiscal and monetary package is intended to create growth in the short term. we don't think that if not associated with a midterm solid anchoring that would actually indicate the determination to change the debt trajectory, reduce the deficit. >> lagarde gave her view on thursday. she supported a 2% inflation target which abe asked the bank of japan to set. she said it's a good idea if the central bank can maintain its independence. more business news next hour. here is a
the euro quoted at 120.4 to 1. the euro has gained ground against the yen and the dollar. analysts say that's due to worries over with the euro zone. let's see how this is affecting tokyo stocks. share prices surging across the board. nikkei at 10,828. a gain of over 2% from thursday's close. buying was prompted by more optimistic views about the u.s. economic recovery following strong housing data. let's look at other markets open in the asia pacific. over in australia the benchmark index is...
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Jan 8, 2013
01/13
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CNBC
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that helps gives the euro a bit of a lift at 1.40.65. dollar/yep, more profit taking after hitting that 29-month high on friday. euro/dollar, we dipped below 1.30. 1.3116 is where we stand at the moment. that's why we are in european trade. rejoining us with a look at the asian trade, li sixuan in singapore. >> thank you, ross. most asian markets finished in the red following a week gain on wall street. the nikkei ending nearly 11% lower. this despite the new prime minister stepping up his call for easing yet again. exporters extended losses. sharp shares jumped after the tvmaker forecasted better than expected operating profits for the december quarter. in china, the shanghai composite slipped by .4%. property counters were the big loserses. and the hang seng shed almost 1% today. ping an shares fell more than 4% after news that the china development bank is reconsidering the sale of shares in ping an shares. china pacific insurance sharply lover after u.s. carlyle group sold its remaining stake in the company. in taiwan, htc lost groun
that helps gives the euro a bit of a lift at 1.40.65. dollar/yep, more profit taking after hitting that 29-month high on friday. euro/dollar, we dipped below 1.30. 1.3116 is where we stand at the moment. that's why we are in european trade. rejoining us with a look at the asian trade, li sixuan in singapore. >> thank you, ross. most asian markets finished in the red following a week gain on wall street. the nikkei ending nearly 11% lower. this despite the new prime minister stepping up...
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Jan 10, 2013
01/13
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david, how is the euro? >> last year we had euro/dollar going to 1.35. it ended around 1.32. but this year we have a pretty boring forecast, 1.35. we don't see the -- lasting in euro/dollar. more on sterling, more on the yen. i think we're moving away from the fixation about euro/dollar. and it seems strange that everything is saying that the ecb or european politicians aren't able to do anything. and so i think we'll have to watch europe very carefully. but i think the break-up risk is coming out of the market. >> yeah. it appears to be the case. and we have something to watch today in spain, as well. it's the first bond auction of the year for the al beeran company. the treasury is slashing the debt market up to 5 billion euros since 2013. lloyd's expects a positive results with the first take up. it will be the first issue to feature a collective action clause, designed to make it easier for the government to restructure debt in the case of future crisis. and president obama is expected to make the final touches to his second term economic team today. cnbc's john harwood h
david, how is the euro? >> last year we had euro/dollar going to 1.35. it ended around 1.32. but this year we have a pretty boring forecast, 1.35. we don't see the -- lasting in euro/dollar. more on sterling, more on the yen. i think we're moving away from the fixation about euro/dollar. and it seems strange that everything is saying that the ecb or european politicians aren't able to do anything. and so i think we'll have to watch europe very carefully. but i think the break-up risk is...
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Jan 11, 2013
01/13
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FBC
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you are staying away from the euro at the moment. do you like the dollar, or is there other currency plays that bring people money here? >> yeah, i'd say we turned less bearish on the euro. we had been building some exposure, but, again, we liked the british pound. we have been in europe, just not in the euro, and you're right, there's a lot of commodity related currencies with growth prospects. china reaccelerating, that should be a good thing for the commodity currencies, particularly, the latin america currencies as well, and that includes the south african brand in that as well. david: buy low, sell high. now's the time. thank you. liz: thanks, jack, brandy portfolio manager and senior research analyst. david: nissan ramping up production here. that's in the speed read. liz: preparing for your returns, the irs says most of us can file at the end of the month. some of you need to wait a couple months. up next, the ceo of liberty tax services says for all of you, better ideas on deductions you can take, but you have to remember to
you are staying away from the euro at the moment. do you like the dollar, or is there other currency plays that bring people money here? >> yeah, i'd say we turned less bearish on the euro. we had been building some exposure, but, again, we liked the british pound. we have been in europe, just not in the euro, and you're right, there's a lot of commodity related currencies with growth prospects. china reaccelerating, that should be a good thing for the commodity currencies, particularly,...
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that's interesting let's talk more about that how do you see attempts to save the euro folding out so many people have been saying this is the beginning of the end of the euro when are we going to see the end well you're right in the netherlands where i am active as a writer i've called for a referendum to be organized what we see is that there's a political elite in all of europe determined to see this through to the bitter end all major political parties support the idea of the euro whereas it's becoming more and more clear that it's not working very well so what we really need is a plan b. a backup scenario and an organized dismantlement but let's look specifically at france in terms of the euro and a possible collapse what would it mean for france's economy. well. they're basically two scenarios of dismantlement of the euro the first is disorderly doing this mentum and that would be very problematic and the other option is an orderly dismantlement and this doesn't look that bad ever been produced through reports by a prominent economists not so long ago by the wolfson prices being
that's interesting let's talk more about that how do you see attempts to save the euro folding out so many people have been saying this is the beginning of the end of the euro when are we going to see the end well you're right in the netherlands where i am active as a writer i've called for a referendum to be organized what we see is that there's a political elite in all of europe determined to see this through to the bitter end all major political parties support the idea of the euro whereas...
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Jan 28, 2013
01/13
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> you hear a lot of bad press about europe but europe has a deficit and i want to be exposed to the euro. mostly because i think that the policies of the federal reserve is identical to those of european central bank and euro has been doing very well. and i think, i smell, everybody is bearish on something. but the story doesn't match the numbers. >> bob pisani, good to see you again. in the 2008 crash, is risk in your opinion still underpriced. and if it is, how do you explain to people to protect themselves? >> unless people have been burned, you can't convince them to get protected. and tail risks have traditionally been cheap depending on which tail. and what people fail to understand is that owning tail protection allows me to take risk elsewhere. it is not like what i spend on the tail is the overall package. it is very favorable when you have equities more attractive than bonds and other things. you need spend premium. the money i get from dividend and hedges and that's why i henl myself and i don't have to worry about anything. deep out of the money puts. >> deep out of the money
> you hear a lot of bad press about europe but europe has a deficit and i want to be exposed to the euro. mostly because i think that the policies of the federal reserve is identical to those of european central bank and euro has been doing very well. and i think, i smell, everybody is bearish on something. but the story doesn't match the numbers. >> bob pisani, good to see you again. in the 2008 crash, is risk in your opinion still underpriced. and if it is, how do you explain to...
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Jan 17, 2013
01/13
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KCSM
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the euro zone credit crisis is taking a heavy toll for passenger cars. car sales plunged to a 17 year low. new car saechles stood at 12 million units. it's the lowest since germany saw a decline of 3%. all u.s. european and japanese makers suffered declines. germany's volkswagen lost 1.6%. south korean makers were strong. kia motors saw a jump of 14%. that's the latest in business for this hour. here is a check on other markets. >>> japanese prime minister says he opposes any use. he's visiting vietnam on his first tour aboard. abe prime minister discussed territory disputes. they have disputes with china. the peace and stability in the south china sea is of global concern. he added the rule of law is essential. he understands and supports japan's stance. the leaders also discuss north korea. abe says the rocket launch last month violated resolutions. he said the international community should take firm action. abe pledged about $500 million worth of yen loans to vietnam. after the meeting, the two leaders held a joint news conference. they will work tog
the euro zone credit crisis is taking a heavy toll for passenger cars. car sales plunged to a 17 year low. new car saechles stood at 12 million units. it's the lowest since germany saw a decline of 3%. all u.s. european and japanese makers suffered declines. germany's volkswagen lost 1.6%. south korean makers were strong. kia motors saw a jump of 14%. that's the latest in business for this hour. here is a check on other markets. >>> japanese prime minister says he opposes any use. he's...
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he's using the euro skeptic language to pursue a euro agenda in this speech is happening because of the rise of you and the rise of us give us led to massive discontent on the back benches in the house of commons and amongst the conservative party of the whole country that's what he's responding say but the reality of what he says if you read the subtext is that the e.u. is very good for us but it serves our interests and i will promise i promise god to do my best over the next five years to do everything i can to keep britain a member of that you've made this issue is a key constitutional issue it isn't even about economics it's about who governs britain it's about i'll be dependent nation as a democracy and determine their own future or not a classic scare tactics always employed by the status quo whether they're defending slavery or the cold laws or e.u. membership three million british jobs will be lost if we left the european union really europe is aging europe as a percentage of the world economy is now below a fifth and falling quite sharply it is gripped by eurozone crisis which
he's using the euro skeptic language to pursue a euro agenda in this speech is happening because of the rise of you and the rise of us give us led to massive discontent on the back benches in the house of commons and amongst the conservative party of the whole country that's what he's responding say but the reality of what he says if you read the subtext is that the e.u. is very good for us but it serves our interests and i will promise i promise god to do my best over the next five years to do...
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and greece have done because we know that austerity at this time point actually work last year in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone wising quite alarming lee so he's very happy that arlen is getting on with the policy of austerity but actually it's actually the wrong policy this time. stripped locked up and kept quiet bradley manning with a ruling now against the u.s. military over the harsh treatment of him while we report on claims of double standards towards will soon grow. over the ability of president of the charges of rule venezuela is heating up we're reporting on a clash between the government is trying to cement the leaders of despite his recovery and the other side the opposition's own political opposition. critics three. four judges three. retirement three. three stooges. free. old free broadcast quality video for your media projects a free media all done to r.t. dot com. wealthy british style it's. like. market why not. come to. find out what's really happening to the global economy with
and greece have done because we know that austerity at this time point actually work last year in the euro in the single currency it will create more economic problems and that's why we see unemployment across the eurozone wising quite alarming lee so he's very happy that arlen is getting on with the policy of austerity but actually it's actually the wrong policy this time. stripped locked up and kept quiet bradley manning with a ruling now against the u.s. military over the harsh treatment of...
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you can see just there against the euro and indeed the u.s. dollar up. moving on those are the markets we will crack on gas problem will pile further costs into the south stream project by expanding its partners to take gas to south eastern europe bypassing transit countries ukraine and belarus and russia's gas giant nearly seventeen billion dollars which makes the projected toto a staggering thirty eight point four billion dollars the pipeline is already thought to be an unnecessary expense by some analysts who questioned whether south stream is needed given the flagging demand for russian gas in the most lucrative market which of course is europe now russia's response is that the south stream is needed in order to diversify supply routes to the european union all of the disputes we've ukraine led to cut off for part of europe back in two thousand and six and two thousand and nine which was a major blow for both parties considering russia supplies around a quarter of europe's gas me. moving on cyprus is counting on european union leaders to allow russia
you can see just there against the euro and indeed the u.s. dollar up. moving on those are the markets we will crack on gas problem will pile further costs into the south stream project by expanding its partners to take gas to south eastern europe bypassing transit countries ukraine and belarus and russia's gas giant nearly seventeen billion dollars which makes the projected toto a staggering thirty eight point four billion dollars the pipeline is already thought to be an unnecessary expense by...
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right now what's interesting when you look at this particular particular local election is the euro zone crisis really didn't come into it this was a local election where people were voting on local issues now it's in that area where mrs merkel is starting to show some weaknesses as it were and her christian democratic party and the coalition partners starting to show some weaknesses personally mrs merkel remains quite popular here in germany due to the fact that the way that she is viewed of having kept germany's economy ticking over as it were in the against the backdrop of the eurozone crisis but it's when it comes to those local issues that affect germans on the day to day as opposed to the international stage of the european stage where she's starting to look a little vulnerable and this is why the opposition parties the main opposition parties like the the s.t.p. and the green party they certainly smell blood and they're looking to try and push all the way for that for that chancellorship election coming up towards the end of the year all right peter thanks so much indeed for this
right now what's interesting when you look at this particular particular local election is the euro zone crisis really didn't come into it this was a local election where people were voting on local issues now it's in that area where mrs merkel is starting to show some weaknesses as it were and her christian democratic party and the coalition partners starting to show some weaknesses personally mrs merkel remains quite popular here in germany due to the fact that the way that she is viewed of...
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Jan 28, 2013
01/13
by
KICU
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it used to be, the euro rallies, gold rallies; the euro falls, gold falls. now, as we come in this morning, the euro has been up, up, up. gold is getting hammered. i think it shows how much weakness is in gold, and how the euro bank situation is really strengthening. > thank you mark. > > thank you. the tumultuous tenure of treasury secretary timothy geithner began in the bleakest economic times since the great depression. in our cover story, a look at whether the policies under his watch improved things or left taxpayers more vulnerable than ever. the economy is not in free-fall, nor are the markets frozen, as many describe the financial crisis timothy geithner faced when he became treasury secretary as president obama was sworn into office the first time. finance professor dale rosenthal says government- directed taxpayer bailouts helped stabilize the economy. "instead of a big drop, we saw a softer landing but a longer recovery." under secretary geithner, the treasury department participated in bank bailouts despite risky gambles that led to the subprime
it used to be, the euro rallies, gold rallies; the euro falls, gold falls. now, as we come in this morning, the euro has been up, up, up. gold is getting hammered. i think it shows how much weakness is in gold, and how the euro bank situation is really strengthening. > thank you mark. > > thank you. the tumultuous tenure of treasury secretary timothy geithner began in the bleakest economic times since the great depression. in our cover story, a look at whether the policies under his...
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Jan 1, 2013
01/13
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KICU
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will this be the year of the death of the euro? > > to continue my optimism- > > absolutely. > > i thought last year was the death of the euro. > > it's a soap opera. it goes on. > > it was the year before, and it was the year before that. > > the euro is absolutely going down. we do not have anything solved i think. germany just keeps giving them money. at some point, germany is going to say, "hey, you are my child. grow up. you can't have any more money. sorry. you're out on your own." your child is going to turn 18 or 21, and they are going to say, "sorry, you don't get any more money." germany goes, "you're done." i am looking for the euro to get above this $1.32 level- > > down to $1.20. > > -push to $1.36 here in the near-term. so it's still got a lot of power left. > all right, round three: sector spector. which sector will outpace the market action in 2013? > > i want to go after some value and look at some certain sectors that have beaten down and are out of favor. i am going to say it right now: coal, steel, things of tha
will this be the year of the death of the euro? > > to continue my optimism- > > absolutely. > > i thought last year was the death of the euro. > > it's a soap opera. it goes on. > > it was the year before, and it was the year before that. > > the euro is absolutely going down. we do not have anything solved i think. germany just keeps giving them money. at some point, germany is going to say, "hey, you are my child. grow up. you can't have any more...
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Jan 18, 2013
01/13
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LINKTV
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to 12 billion euros. the reasons -- poor planning and construction errors. in addition, the company faces corruption allegations in kazakhstan. in germany, the company had to pay a 103-million-you're a fine in a price-fixing scandal. a real operator is considering a lawsuit. -- the company had to pay a 103- million-euro fine. as negotiations with deutsche bank continue, there still a lot of work to do to get things back on track. >> a real-life tragedy has taken center stage at russia's prestigious bolshoi ballet. the director was the victim of an acid attack outside his home late on thursday. >> the 42-year-old suffered serious injury to his face, and doctors are fighting to save his eyesight. the head of the bolshoi theater says he believes the attack was a product of a and b -- of envy. it highlights a long history of power struggles at the ballet. >> this is the only lead. in the cover of darkness, a masked assailant attacked and escaped. >> if thing like this has never happened before, so we at the m
to 12 billion euros. the reasons -- poor planning and construction errors. in addition, the company faces corruption allegations in kazakhstan. in germany, the company had to pay a 103-million-you're a fine in a price-fixing scandal. a real operator is considering a lawsuit. -- the company had to pay a 103- million-euro fine. as negotiations with deutsche bank continue, there still a lot of work to do to get things back on track. >> a real-life tragedy has taken center stage at russia's...
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Jan 10, 2013
01/13
by
KCSMMHZ
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the euro stoxx 50 managing to finish the day with very slight gains. across the atlantic at this hour, the dow doing pretty good, up by more than 1/3 of 1%. the euro also higher against the greenback, trading at this hour at a value of $1.3260. the global economic slowdown and the eurozone debt crisis have, of course, affected the auto sector. europe has seen an overall drop in the sale of cars. >> but not in all categories. german luxury brands are still doing well. bmw has released figures showing healthy profits in 2012. then the bmw is overtaking them all. almost everywhere in the world. the munich-based carmaker reported healthy sales last year, not just in china and the united states but also in europe. worldwide, some 1.5 million cars were purchased in 2012, an increase of almost 12% and a new record. vw subsidiary audi also scored a record, selling 1.4 million high-and cars and posting similar gains. mercedes sales hit a record high as well with 1.3 million cars sold around the world, up almost 5% on the previous year. mercedes, however, finds
the euro stoxx 50 managing to finish the day with very slight gains. across the atlantic at this hour, the dow doing pretty good, up by more than 1/3 of 1%. the euro also higher against the greenback, trading at this hour at a value of $1.3260. the global economic slowdown and the eurozone debt crisis have, of course, affected the auto sector. europe has seen an overall drop in the sale of cars. >> but not in all categories. german luxury brands are still doing well. bmw has released...
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nobody else euro and people talked about the measures now it's driven by a little bit of fiscal cliff optimism we've at least seem to have avoided it for a few months and therefore now people think that hate is to measure in japan are working to some to it actually helps to do extractions on it but the key measures here is really the start of the universe camote that risk almost can evaporate relatively quickly. so the business will today have a fantastic we can stay with us here and i'll take as the danube or so he'll be out with the. you know how sometimes you see a story and it seems so for lengthly you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harvey welcome to the big picture. when i've done your. drug game coming up. the reeling from columbine to sandy hook. a supermodel with. no proof anti-depressants are a sham. from the age of pain docs pumped. in adam lanza pretty much every school shooting in the polls. was on prescription drugs on antidepressants k
nobody else euro and people talked about the measures now it's driven by a little bit of fiscal cliff optimism we've at least seem to have avoided it for a few months and therefore now people think that hate is to measure in japan are working to some to it actually helps to do extractions on it but the key measures here is really the start of the universe camote that risk almost can evaporate relatively quickly. so the business will today have a fantastic we can stay with us here and i'll take...
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Jan 23, 2013
01/13
by
KCSMMHZ
tv
eye 84
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euro stoxx 50 on the other hand was lower. the dow jones industrial average is trending positive. euro/dollar, however, is lower trading for $1.3309. >> to look like it would start edging up towards that 8000 mark, but may be this next aureus the reason. international monetary fund is out with its latest prediction for global economic growth, and the picture is not as rosy as some are hoping. >> at the forecast the global economy to grow slightly more than expected. let's get a closer look at some of the challenges. >> the imf says japan's mounting debt pile is cause for concern. not only sovereign debt but consumer debt, too. debt is also dragging down the u.s. economy, cooling down growth there as well. the imf also sing about the risk of stagnation within the eurozone. companies like this machinery firm in germany depend on foreign markets to sell their products, and they are feeling the squeeze as customers abroad have less money to spend on european goods. according to the imf, the euro crisis and the global debt crisis are the greatest threats to global economic growth. the
euro stoxx 50 on the other hand was lower. the dow jones industrial average is trending positive. euro/dollar, however, is lower trading for $1.3309. >> to look like it would start edging up towards that 8000 mark, but may be this next aureus the reason. international monetary fund is out with its latest prediction for global economic growth, and the picture is not as rosy as some are hoping. >> at the forecast the global economy to grow slightly more than expected. let's get a...
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Jan 23, 2013
01/13
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CNBC
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this is -- euros is here is on they. this is clear. bnp paribas has a ratio of 9.5%, which is best in class. we're -- we adapted very much to the new requirements and liquidity requirements. we're fully prepared to serve our customers. the essence of banking definitely is to finance the economy, serve the customers, individual customers, smes are very important. this is what we are committed to. and we are -- we're going to do it every single day of this year and next year. >> you talk about the role of a bank is to finance the economy. how much of a win was it then that we've pushed back in production from -- >> in terms of liquidity rate? >> yes. >> even if pushed we're going to comply with the new scr sooner rather than later. as for capital, you know, the new capital requirements was officially for 2018. as bnp parabas, we're complying as of this year. i think that the phasing in is something that then the industry -- certainly we've been moving ahead and have tried to anticipate things and move ahead. >> and you mentioned the bene
this is -- euros is here is on they. this is clear. bnp paribas has a ratio of 9.5%, which is best in class. we're -- we adapted very much to the new requirements and liquidity requirements. we're fully prepared to serve our customers. the essence of banking definitely is to finance the economy, serve the customers, individual customers, smes are very important. this is what we are committed to. and we are -- we're going to do it every single day of this year and next year. >> you talk...
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Jan 10, 2013
01/13
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LINKTV
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the euro stoxx 50 managing to finish the day with very slight gains. across the atlantic at this hour, the dow doing pretty good, up by more than 1/3 of 1%. the euro also higher against the greenback, trading at this hour at a value of $1.3260. the global economic slowdown and the eurozone debt crisis have, of course, affected the auto sector. europe has seen an overall drop in the sale of cars. >> but not in all categories. german luxury brands are still doing well. bmw has released figures showing healthy profits in 2012. then the bmw is overtaking them all. almost everywhere in the world. the munich-based carmaker reported healthy sales last year, not just in china and the united states but also in europe. worldwide, some 1.5 million cars were purchased in 2012, an increase of almost 12% and a new record. vw subsidiary audi also scored a record, selling 1.4 million high-and cars and posting similar gains. mercedes sales hit a record high as well with 1.3 million cars sold around the world, up almost 5% on the previous year. mercedes, however, finds
the euro stoxx 50 managing to finish the day with very slight gains. across the atlantic at this hour, the dow doing pretty good, up by more than 1/3 of 1%. the euro also higher against the greenback, trading at this hour at a value of $1.3260. the global economic slowdown and the eurozone debt crisis have, of course, affected the auto sector. europe has seen an overall drop in the sale of cars. >> but not in all categories. german luxury brands are still doing well. bmw has released...
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france they are going to end up out of the euro there's no doubt about it u.k. should have a different relationship with it politically but thank god we're not in the euro shores so this politically do you think that relationship with the european union though should be changed or could britain be making a mistake by cutting off its ties altogether losing its membership. no the present european community structure is of elite history and has no longer taking any concern of the of the the political interests and reactions of the people surveyed up it's not just the u.k. it's the people of france is the people of poland it's the people of ireland until they were deceived it's all the peoples of europe they want a new relationship in the political structure professor thank you very much indeed thanks for joining us live there professor rodney shakespeare joining us live there in london. israel has issued two hundred tenders for new housing in the west bank a settlement watchdog group has issued a report saying the government is deliberately using construction in vi
france they are going to end up out of the euro there's no doubt about it u.k. should have a different relationship with it politically but thank god we're not in the euro shores so this politically do you think that relationship with the european union though should be changed or could britain be making a mistake by cutting off its ties altogether losing its membership. no the present european community structure is of elite history and has no longer taking any concern of the of the the...
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Jan 19, 2013
01/13
by
KCSM
tv
eye 112
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to 12 billion euros. the reasons -- poor planning and construction errors. in addition, the company faces corruption allegations in kazakhstan. in germany, the company had to pay a 103-million-you're a fine in a price-fixing scandal. a real operator is considering a lawsuit. -- the company had to pay a 103- million-euro fine. as negotiations with deutsche bank continue, there still a lot of work to do to get things back on track. >> a real-life tragedy has taken center stage at russia's prestigious bolshoi ballet. the director was the victim of an acid attack outside his home late on thursday. >> the 42-year-old suffered serious injury to his face, and doctors are fighting to save his eyesight. the head of the bolshoi theater says he believes the attack was a product of a and b -- of envy. it highlights a long history of power struggles at the ballet. >> this is the only lead. in the cover of darkness, a masked assailant attacked and escaped. >> if thing like this has never happened before, so we at the m
to 12 billion euros. the reasons -- poor planning and construction errors. in addition, the company faces corruption allegations in kazakhstan. in germany, the company had to pay a 103-million-you're a fine in a price-fixing scandal. a real operator is considering a lawsuit. -- the company had to pay a 103- million-euro fine. as negotiations with deutsche bank continue, there still a lot of work to do to get things back on track. >> a real-life tragedy has taken center stage at russia's...